
Retail sales down by 4.5 percent in January
Retail sales in Hungary fell by an annual 3.9 percent in January, or 4.5 percent when adjusted for calendar-year effects, the Central Statistical Office (KSH) said on Monday.

Guest nights up 18 percent in January
Commercial guest nights in Hungary increased in January by 18 percent year on year to 1,417,000, the Central Statistical Office (KSH) said on Friday.

Number of registered jobseekers falls to record low
The number of registered jobseekers was at an all-time low in January-February, the ministry of economic development said on Friday.

Hungary GDP growth slows to 0.4 percent in Q4, KSH confirms
Hungary's annual GDP growth slowed to 0.4 percent in the fourth quarter of 2022 from 4.0 percent in Q3, the Central Statistical Office (KSH) confirmed in a second reading of data on Thursday.

Investment volume down 6.3 percent in Q4
Investment volume in Hungary fell by an annual 6.3 percent in the fourth quarter, the Central Statistical Office (KSH) said on Wednesday.

Finance Minister: Budget needs adjusting to ‘war, sanctions’
The protracted war in Ukraine and the energy crisis caused by the European Union's sanctions have "fundamentally" changed the economic environment, so the government must adjust the budget in the interest of protecting families and the economy, the finance minister said on Wednesday during ...

Central bank leaves base rate on hold
Hungarian rate-setters decided to leave the base rate unchanged at 13 percent at a regular policy meeting on Tuesday.

Varga outlines economic policy goals on Bold Truth podcast
Finance Minister Mihaly Varga spoke about economic policy goals in the latest installment of The Bold Truth About Hungary, the podcast of the government's international spokesman, Zoltan Kovacs.

Jobless rate at 3.9 percent
Hungary's jobless rate was 3.9 percent in January, up from 3.8 percent in the previous month, the Central Statistical Office (KSH) said on Friday.

Gross wages climb 18.1 percent in December
The average gross wage in Hungary rose by an annual 18.1 percent to 581,900 forints (EUR 1,524) in December, data released by the Central Statistical Office (KSH) on Thursday show.